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Written question asked by Lord Kilclooney (Crossbench) on Wednesday, 24 May 2023, in the House of Lords. It was due for an answer on Thursday, 8 June 2023. It was answered by Baroness Penn (Conservative) on Monday, 5 June 2023 on behalf of the Treasury.


Public Expenditure: Northern Ireland

Question

To ask His Majesty's Government what was the most recent annual credit to Northern Ireland as a result of the Barnett Formula.

Answer

As set out recently in the Main Estimates memoranda, the Northern Ireland Executive has received £2.0 billion through the Barnett formula for 2023-24 on top of the Spending Review 2021 baseline. This means the Northern Ireland Executive’s total block grant (Total DEL) funding for 2023-24 is £15.8 billion.


Secondary information

Type
Written question
Reference
HL8095
Session
2022-23
Subjects
Finance Northern Ireland Public expenditure
Contains statistics
Yes
Link
View this Written question on www.parliament.uk